Shares of Capita PLC (LON:CPI) have received an average recommendation of “Buy” from the twelve research firms that are presently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 166.67 ($2.18).

A number of analysts have commented on CPI shares. Peel Hunt restated a “hold” rating and set a GBX 127 ($1.66) price target on shares of Capita in a research report on Wednesday, March 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Capita in a research note on Tuesday, April 9th. Royal Bank of Canada reduced their price target on Capita from GBX 210 ($2.74) to GBX 200 ($2.61) and set an “outperform” rating on the stock in a research report on Thursday, March 21st. Numis Securities reiterated a “buy” rating on shares of Capita in a report on Wednesday, May 1st. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Capita in a report on Wednesday, May 15th.

LON:CPI traded up GBX 0.05 ($0.00) during mid-day trading on Friday, hitting GBX 106.05 ($1.39). The stock had a trading volume of 2,873,356 shares, compared to its average volume of 8,080,000. The company has a market cap of $1.75 billion and a PE ratio of 5.86. Capita has a 52 week low of GBX 100.70 ($1.32) and a 52 week high of GBX 173.85 ($2.27). The company has a quick ratio of 0.68, a current ratio of 0.74 and a debt-to-equity ratio of 1,477.83.

In related news, insider Patrick Butcher bought 121,243 shares of the stock in a transaction on Wednesday, March 20th. The stock was bought at an average price of GBX 127 ($1.66) per share, for a total transaction of £153,978.61 ($201,200.33). Also, insider John Cresswell bought 10,000 shares of the stock in a transaction on Monday, April 8th. The shares were bought at an average price of GBX 121 ($1.58) per share, with a total value of £12,100 ($15,810.79). In the last three months, insiders purchased 131,520 shares of company stock worth $16,642,485.

Capita Company Profile

Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers automation, business transformation, customer management, data and analytics, digital transformation, government, IT and networks, people, and software solutions and services, as well as specialist services, such as intelligent communications, financial, legal, travel and event, start-up development, property and infrastructure, procurement, and translation and interpreting, and workplace technology services.

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Analyst Recommendations for Capita (LON:CPI)

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